View Single Post
Old 03-12-2008, 01:54 PM   #45
troutman
Unfrozen Caveman Lawyer
 
troutman's Avatar
 
Join Date: Oct 2002
Location: Crowsnest Pass
Exp:
Default

This is what my German (well, actually he is Dutch, lives near Frankfurt)) father-in-law had to say:

as always any statistic is as good as you use figures and information.

This table is for SINGLES the % for married without children is 33,6%
They used an taxable income of € 38,000,00 or C$ 57,000,00 ( from gross income have been deducted around 3000 till 5000 for social security)

The social security part is only payable up to an income of € 54,600.00 for medical and € 63,000,00 for Pension

Here comes the unsocial part some body with an taxable income of € 120,000,00 C$ 180,000,00 pays 28,8 % Tax or € 34,600,00

And social security medical 7,5 % of 54,600,00 ( GAP)or € 4.095,00 and Pension and unemployment 11,5% of € 63,000,00 (GAP) or € 7.245,00
Total deductions € 34600, + 4095 + 7245 = 45940,00 or 38,2 %

The maximum tax rate is 42% + soli for the east of 5,5 of tax or 44,31% but this rate start at € 120.000,00
The state pension at age 65 is depending of the amount paid in at a life time, if someone paid always the highest premium he will receive a state pension of € 26,400,00
troutman is online now   Reply With Quote